General Assembly Committee Bill No. 5603
January Session, 2011 LCO No. 4746
*04746HB05603PD_*
Referred to Committee on Planning and Development
Introduced by:
(PD)
General Assembly
Committee Bill No. 5603
January Session, 2011
LCO No. 4746
*04746HB05603PD_*
Referred to Committee on Planning and Development
Introduced by:
(PD)
AN ACT CONCERNING THE PREVENTION OF EXCESSIVE PENSIONS FOR ELECTED MUNICIPAL OFFICIALS.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
Section 1. (NEW) (Effective October 1, 2011) Notwithstanding the provisions of any special act, municipal charter or ordinance to the contrary, no town, city, district or borough shall grant to any elected municipal official during such official's term of office any benefit by changing the pension benefits plan in effect at the beginning of such official's term of office, provided nothing in this section shall prevent such official from receiving any scheduled benefit in accordance with such pension benefits plan in effect at the beginning of such official's term of office. The provisions of this section shall not apply to elected officials in towns in which the legislative body is the town meeting.
This act shall take effect as follows and shall amend the following sections:
Section 1 October 1, 2011 New section
This act shall take effect as follows and shall amend the following sections:
Section 1
October 1, 2011
New section
Statement of Purpose:
To prevent conflicts of interest in decisions regarding municipal pensions.
[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]
Co-Sponsors: REP. ROLDAN, 4th Dist.
Co-Sponsors:
REP. ROLDAN, 4th Dist.
H.B. 5603